tomo logo

$265,000

Beds
2
Baths
1.0
sq ft
818

326 Nelson St SW Unit 412, Atlanta, GA 30313

326 Nelson St SW Unit 412

Atlanta, GA 30313

  • 81 days on market
Welcome to Deere Lofts, where history meets modern living in the vibrant Castleberry Hill neighborhood of Downtown Atlanta. This fourth-floor industrial-style loft is part of a converted 49-loft condominium building that once served as the retail and warehousing site for the John Deere company. The loft features exposed wooden beams, brick walls, and a combination of hardwood and concrete floors, exuding industrial charm. The great room and primary bedroom boast large windows that fill the space with natural light. The second bedroom flex space offers versatility and could make an excellent office. This home includes one deeded parking space within a gated parking lot and access to amenities such as a 24-hour gym, laundry room, and a rooftop deck with plenty of seating and spectacular city views. This beautiful two-bedroom, one-bathroom loft is within walking distance of major attractions like Mercedes-Benz Stadium, State Farm Arena, Georgia World Congress Center, Centennial Olympic Park, Georgia Aquarium, and World of Coca-Cola. Step out of your door and enjoy various restaurants, retail stores, and art galleries. In addition, enjoy the newly developed Centennial Yards just a few blocks away. Don’t miss your chance to own a piece of history in one of Atlanta’s most sought-after neighborhoods.

Details

Property type

Condominium

Est. home value

$276,031

Lot size

819 sq ft

Price per sq ft

$324

Year built

1914

Annual property taxes

$4,793

Monthly HOA fee

$283

Price History

06/27/2024
FMLS

FMLS #7419216

Listed
$265,000
+20.45%
06/05/2019
FMLS

FMLS #6540679

Sold
$220,000

Schools & Community

Neighborhood: 

Castleberry Hill

Elementary school: 

Centennial Place

Middle school: 

Centennial Place

High school: 

Midtown

Community features: 

Fitness Center, Restaurant, Sidewalks

Number of units in community: 

49

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$65,253
Asking price
$265,000
Closing costs (~8% of asking)
-$21,200
Est. remaining loan balance
-$178,547
Cash to seller
$65,253

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Quicken Loans

Loan start date

June 2019

Original loan amount

$198,000

Est. remaining balance

$178,547

Interest rate

4.17%

Loan type

New Conventional, 30 year

Seller

Brian Keith Rose and Eleanor Louise Ross

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 09/16/2024 at 3:40 PM

Listing updated: 08/08/2024 at 2:35 PM

Listed by: Lisa Willis, Berkshire Hathaway HomeServices Georgia Properties Phone #: (770) 487-8300

MLS: FMLS #7419216

FMLS logo

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